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The Company is engaged in the research, development and marketing of electrical power generation system.
PEU is right. This company's not going to make it. From the annual report: "If we do not receive sufficient purchase orders ... we will need additional financing and failure to obtain such financing would jeopardize our ability to continue as a going concern. We expect our expenses to continue to grow. We have a history of operating losses and may continue to see losses in the future. We face competition from a number of companies and may not be able to compete against more established companies with greater resources." Defeat is in the air.
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